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The Spirit of Socio-Economic Development
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, IPTC 2009: International Petroleum Technology Conference, Dec 2009, cp-151-00355
Abstract
The frame of reference for the energy companies has enlarged over a period with a change in the profile. The major change in<br>profile emanates out of the philosophy to transform the commercial ‘buyer-seller’ or ‘client-server’ relations into socioeconomic<br>development as ‘partners in inclusive growth’. Anthropology engineers coined a phrase Corporate Social<br>Responsibility – CSR and made this an acceptable tool to gauge the performance of commercial establishments in their sphere<br>of influence.